- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
- Company Profile:
A corporation that operates in two or more countries. Since it is headquartered in only one country but has production or marketing facilities in others, it is the result of previous FDI.
Industry:Economy
A firm, usually a corporation, that operates in two or more countries. In practice the term is used interchangeably with multinational corporation.
Industry:Economy
1. The specific factors model diagram, as attributed to Mussa (1974). 2. A diagram for explicating properties of the 2-factor Heckscher-Ohlin Model introduced by Mussa (1979). With factor prices on its axes, zero-profit curves for each sector show the determination of factor prices more directly than the Lerner Diagram, which serves much the same purposes.
Industry:Economy
A pipeline planned to carry natural gas from the Georgian/Turkish and/or Iranian/Turkish border across Turkey, Bulgaria, Romania, and Hungary to Austria. Construction is scheduled to begin 2011 and be completed 2015.
Industry:Economy
1. Of, relating to, or belonging to a nation. 2. A person who is a citizen or long-term resident of a nation.
Industry:Economy
A nonprofit, nonpartisan organization based in Cambridge, MA, that assembles economic data and sponsors economic research. Its Business Cycle Dating Committee also is traditionally responsible for identifying the beginnings and ends of recessions.
Industry:Economy
Although this term looks like it should mean the amount that a country owes to foreigners, in practice it is used instead to refer to the amount that a nation's government owes to anybody, including its own citizens. Thus it is the total of a national government's outstanding government bonds.
Industry:Economy
A country with whom another country's trade is likely to be large, because of low transport or other trade costs between them. Term introduced by Wonnacott and Lutz (1989) and used extensively by Frankel (1997).
Industry:Economy
A financial asset with many of the properties of money, but not all. Savings deposits and foreign currency deposits, for example, are very liquid but cannot be used directly for transactions.
Industry:Economy
